Bricknells Rentals Blog

There is potentially good news for buy-to-let landlords in the Rotherham area: the combined value of our local housing market has fallen by £178.6 million in the last 6 months, meaning the average value of a Rotherham property has decreased in value by an average of £4,560. This is also great news for Rotherham first…

Over the last twenty years, there has been a shift in the way the UK's property market works. Between the 1960s and 1990s, a large majority of twenty somethings saved up their 5% deposit, went without life’s luxuries of going out and holidays etc., for a couple of years and then bought their first home…

Ruban Selvanayagam, Co-Founder of Property Solvers, on why landlords need to wake up to the effects of Section 24. Back in July 2015, former Chancellor George Osborne unexpectedly sprung Section 24 of the Finance (No. 2) Act. The legislation essentially restricts mortgage interest tax relief for personally-owned residential property. Before coming into effect, landlords could…

It's our opinion that buy-to-let investment in Rotherham, in the long term, will bring substantial returns for landlords, irrespective of the latest regulation and tax changes. But just how much could landlords make in the next 25 years? We've looked at an average £93,000 terraced/town house property purchased with a 25% deposit and worked out…

We’ve recently launched our very own Rent to Own scheme, which has generated a lot of interest among both landlords and tenants. Tenants in particular see Rent to Own as a great opportunity for them to get their foot on the housing ladder. If you’ve not heard of Rent to Own, we’ve put together a…

We’re launching our very Rent to Own scheme and many landlords are getting in touch with us to discuss how it could benefit them. There are many reasons why a landlord might choose Rent to Own over a traditional let so we thought we’d share some of them here. If you’re a landlord, read on…

We are very excited to be launching our very own Rent to Own scheme. What is Rent to Own? Who is it for? Find out all of this and more below! What is Rent to Own and how does it work? We’re putting a modern spin on a very old idea! The concept of Rent to…

We've got reason to celebrate after a bumper April with a total of 42 properties let! April proved to be a busy month in the Bricknells office - as we move into May, we're looking back and celebrating the fact that we let an impressive 42 properties during the last 30 days. It's been an…

The rents paid by Rotherham tenants are now standing at £999 per calendar month (pcm), a rise of 1.55% year on year and 0.15% lower month on month. This is an attention grabbing figure but it actually masks stark differences in the various parts of the Rotherham rental market. It's an average figure, after all!…

From April 1st 2018 landlords will no longer be able to let properties in the private rented sector which have a minimum energy performance rating of below an E on their Energy Performance Certificate (EPC). An EPC is required for all properties when constructed, sold or let. However, for landlords, it will now be unlawful…